Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half of Saudi crude output.

Sun, Sep 15 2019

Saudi, Gulf stocks fall after attack on Aramco oil plants

Saudi stocks plunged 2.3% as the market opened on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half of Saudi crude output.

Sun, Sep 15 2019

Global spare oil capacity in U.S. hands after Saudi outage

An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country's production capacity, making the United States the only real holder of the global supply cushion via its ability...